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Old 22-04-2008, 09:52 AM
thewett thewett is offline
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Join Date: Apr 2008
Posts: 5
Default Property in Cyprus

Quote:
Originally Posted by Gashead View Post
You're not wrong there. But you're not handing out timeshare flyers so treat people on this forum with a little bit of respect eh?

If it sounds too good to be true then inevitably it is.

Cyprus is dead for at least a couple of years IMO. It'll follow the UK down the toilet and sadly there are a lot of new comers who've watched holidays in the sun or whatever on C4 and they are about to get a nasty shock and supply (esp. newly built) is about to totally outstrip demand. As an investment you'd be better off putting your money in the building society but if you like the place then maybe buy in a years time when it may have almost bottomed out... it may not recover for several years but that's no good if you want a holiday home to use. My advice steer well clear of anything off plan, with resell at least you're not leaving it in the hands of a developer who may go bust.
Sadly you are completely wrong. I am a professional investor with my own money. I do not sell Timeshare or promote other properties where i have an interest.
Since you think that the banks and building societies are so good even after the 50billion bailout I respectfully suggest you put your money into an account with the NORTHERN ROCK. watch it grow!!!!!.
Have fun investing but better to leave it to the professionals, you are obviously an amateur and I would not like to see you loose your money. Please do not bother to answer this message.
Have a nice day.
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